Car production falls again as exports drop by a fifth
- Credit: PA Wire/PA Images
Car production has fallen for the eighth month in a row amid warnings that the sector faces a 'clear and present danger' from Brexit.
Around 120,600 cars left factories in January, down by 18.2% on the same month a year ago, a report from the Society of Motor Manufacturers and Traders (SMMT) reveals.
Exports slumped by 21.4% to 93,781 vehicles, collapsing by 72% in output destined for China and by 20% to EU countries.
Manufacturing for the UK market fell by 4.8%, with the SMMT saying political uncertainty continued to dent consumer confidence.
Mike Hawes, SMMT chief executive, said: 'Another month of decline is a serious concern. The industry faces myriad challenges, from falling demand in key markets, to escalating global trade tensions and the need to stay at the forefront of future technology.
You may also want to watch:
'But, the clear and present danger remains the threat of a no-deal Brexit, which is monopolising time and resources, undermining competitiveness.
'Every day a no-deal Brexit remains a possibility is another day automotive companies pay the price in additional and potentially pointless costs. No-deal must be taken off the table immediately and permanently.'
- 1 Empty shelves are partly down to Brexit - but Leavers won't admit it
- 2 Why Bristol is the street art city
- 3 What I learned by avoiding England and the Euros
- 4 Telling the truth is now the only sackable offence
- 5 Has something shifted in sado-populist Britain?
- 6 Cost of Brexit is already 38 times more than the money set aside for levelling up
- 7 Boris Johnson: The sado-populist prime minister
- 8 A very nearly enchanted evening
- 9 Priti Patel - the poster girl for our poisonous politics
- 10 Could southern discomfort sink a rebalancing agenda still in its infancy?
Almost a third of automotive companies responding to a recent SMMT survey said they had postponed or cancelled UK investment decisions because of Brexit, with one in five having already lost business as a direct consequence.
Around one in eight were relocating operations overseas and the same proportion cutting jobs.
Become a Supporter
The New European is proud of its journalism and we hope you are proud of it too. We believe our voice is important - both in representing the pro-EU perspective and also to help rebalance the right wing extremes of much of the UK national press. If you value what we are doing, you can help us by making a contribution to the cost of our journalism.